The National Stock Exchange (NSE) has issued a press release cautioning investors against engaging with certain individuals and entities offering unregulated advisory services and misusing the credentials of registered brokers.
The following cases have been specifically highlighted:
Mr. M Amit, associated with an entity named “Profit Maximizers”, operating via:
YouTube Channel: Profit Maximizers
Telegram Channel: Profit Maximizers
Website: https://profitmaximizers.site
This entity has been found offering securities market tips and soliciting trading account login credentials from investors — a clear violation of regulatory norms and investor safety.
Individuals named Pooja Sharma and Aman, operating via mobile numbers 9165334801 and 7509490746, a Facebook profile named Pooja Sharma, and an app called Trademind, have been flagged for:
Unregistered advisory activity
Requesting client login credentials
Facilitating dabba (illegal) trading
Although these individuals may hold accounts with FYERS, they are not authorised to offer investment advice or operate client accounts in any manner.
Please take the following precautions:
Never share your FYERS login credentials with anyone.
Avoid engaging with individuals or platforms offering unsolicited tips, advisory services, or trading access through unofficial channels.
FYERS has no association with the above-mentioned individuals or services.
If you notice any suspicious activity or communication, please report it to our support immediately.